Meaning of “start (sth) up” in the English Dictionary

"start (sth) up" in Business English

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start (sth) up

phrasal verb with start uk /stɑːt/ us verb

if a business or other organization starts up, or if someone starts one up, it is created and starts to operate:

The funding means that by the time it starts up in December, the group will have an annual operating budget of about $70 million.
She's talking about starting up a totally new business.

(Definition of “start (sth) up” from the Cambridge Business English Dictionary © Cambridge University Press)